Tabish gauhar biography definition

THE government has extracted concessions worth several hundred billion rupees in future payments to the 47 independent power producers (IPPs) set up between 1990 and 2013 by forcing their hand but the ‘deal’ has left a bad taste in the mouths of their investors.

The government has secured the lucrative deal in exchange for promises of payment of Rs403 billion it owes to the IPPs. What makes the bargain sweeter for the government is the fact that it will pay only a third of the amount in cash; the remainder will be disbursed equally in 10-year bond and 5-year Sukuk. The power producers will get 40 per cent of their money upfront after signing ‘binding agreements’ revising the terms of their original power purchasing agreements and the rest in six months.

This is not all. Instead of paying cash, the government has extended contracts of 12 IPPs in exchange for an award of Rs92bn won by them in an international arbitration a few years ago. “This alone will save us Rs32bn since the extension in contracts will cost the government around Rs60bn,” Special Assistant to the Prime Minister on power Tabish Gauhar told Dawn by telephone.

Moreover, the new revised agreements have a binding force for the IPPs, but will not be so much obligatory for the government as it retains the right to order forensic audit of their bills if and when it feels like. “The forensic audit option is there,” Mr Gauhar said. “It’ll be a major exercise and can have detrimental effects on (future) investments but it is a decision the government can take any time.”

Background interviews with senior executives of three power companies suggest that the IPPs may have been coerced into agreeing to new power purchasing agreements. They were unanimous in alleging that the government had used the Mohammad Ali Inquiry Committee report on the IPPs to build a case against the power producers and later force them into signing memorandums of understanding. “The threats of corruption inquiries and public

Last week, Ishaq Dar returned to Pakistan for the first time since absconding from an accountability case five years ago. 

It remains to be seen whether Pakistan’s justice system will find the wherewithal to adjudicate his case on merit alone. That said, Dar took his oath last Wednesday as finance minister, stepping into the role that Miftah Ismail had vacated a day earlier.

Pakistan has experienced 27 percent inflation this year, the consequence of the country’s persistent refusal to deal with its fiscal or trade deficits, and made worse by extreme fiscal imprudence and political instability. Dar’s first pronouncements as finance minister declared the Pakistani rupee undervalued. He vowed to reduce interest rates, fight inflation, and strengthen the exchange rate—the weakness of which he attributed to speculation.

If these early signals—consistent with his interviews over many months—are anything to go by, Dar and the country’s leadership learned nothing from his last stint as finance minister.

He had been fortunate then to preside over the country’s finances at a time of favorable external conditions: crude oil was especially cheap in the international market between 2014 and 2017, priced at less than half the rates witnessed earlier this year. These lower prices combined with a lower debt burden meant that Dar was able to loosen the government’s purse strings to catalyze growth and lower inflation in the short term. This move was widely panned by economists at the time, who warned about the vulnerabilities that Dar’s unsustainable policies were creating.

Instead of undertaking the long overdue project of serious tax reform, Dar had levied new withholding taxes and customs duties, increased the general sales tax, and over-relied on borrowing to allow the then-ruling Pakistan Muslim League, Nawaz (PML-N) to finance projects of questionable value, such as a large and underused Islamabad Airport that cost about $1 billion.

He had also been responsible

Pakistani Energy company

K-Electric (KE), formerly known as Karachi Electric Supply Company or Karachi Electric Supply Corporation Limited, is a Pakistani utility company based in Karachi.

Privatised in 2005 KE is the only vertically integrated utility in Pakistan supplying electricity within a 6500 km square territory including Karachi and its adjoining areas. The majority shares (66.4%) of the company are listed in the PSX owned by KES Power, a consortium of investors including Aljomaih Power Limited of Saudi Arabia, National Industries Group (Holding), Kuwait, and the Infrastructure and Growth Capital Fund (IGCF). The Government of Pakistan is also a minority shareholder (24.36%) in the company.

KE serves power to 3.7 million customers across Karachi, Dhabeji, and Gharo in Sindh, as well as Uthal, Vinder, and Bela in Balochistan. The utility remains connected to its customers 24/7 via digital channels like WhatsApp (0348-

Find out how popular the first name Tabish has been for the last 6 years (from 1997 to 2002) and learn more about the meaning and history.

Popularity of Tabish by gender

Based on the last 6 years of data, Tabish is exclusively a male name.

For the most recent data in 2002, there were 5 male babies and 0 female babies born with the name Tabish.

The history of the first name Tabish

The given name Tabish has its origins in the Arabic language, and it holds a rich cultural and historical significance. The name is derived from the Arabic word "tabash," which means "bringer of good news" or "harbinger of joy." This linguistic connection can be traced back to the early days of Islam, a religion that places great emphasis on the importance of spreading the word of God and embracing the teachings of the Prophet Muhammad.

Historically, the name Tabish was particularly prevalent in regions with strong Islamic cultural influences, such as the Middle East, North Africa, and parts of Central Asia. It was a name often bestowed upon individuals who were believed to possess the qualities of being a messenger of good tidings or a bearer of positive news. This association with the spreading of joyful messages likely contributed to the name's enduring popularity within these regions.

One of the earliest recorded instances of the name Tabish can be found in the writings of medieval Islamic scholars and historians. For example, the 11th-century Persian scholar and poet, Tabish al-Isfahani, whose full name was Abu al-Qasim Tabish ibn Muhammad al-Isfahani, was renowned for his contributions to the field of Arabic literature and poetry.

Throughout history, several notable figures have borne the name Tabish, leaving their mark across various disc